Crude Oil on support zone and retesting breakout level
Crude Oil WTI is back on support zone 80.30-81.09 and also approaching March breakout 79.77 !!! Keep an eye at these important levels. Source : Bloomberg
Ethereum still consolidating but in discount zone
Ethereum (XETUSD) is still consolidating since March. It's now in discount zone (below 50% Fibonacci retracement). For the moment no signs of reverse but keep an eye at next support zone 2720-2800 and if that level doesn't hold next support could be arround 2240-2310. Source : Bloomberg
Coca-Cola reaching major supply zone
Coca-Cola (KO US) is reaching major supply zone 62.70-64.99 . Keep an eye at that level. Source : Bloomberg
MacDonald reaching strong support demand zone
MacDonald (MCD US) is reaching strong demand zone 245-262. Long term trend remains bullish. Keep an eye at this important level. Source : Bloomberg
Tesla breaking swing high ?
Tesla (TSLA US) is breaking last swing high 184.25 !!! This is an important level, keep an eye at the close. Source : Bloomberg
Meta Platforms breaking the trend and filling the gap
Meta Platforms (META US) under a lot of pressure today, breaking 476 swing support. It's now on it's way to fill end of January Gap. Support zones to keep an eye on over the next few days are : 387-398 / 358-368 / 340-351.
Novartis approaching 2 support zones
Novartis (NOVN SW) has now consolidated 11% since January last swing high. It's approaching two important levels. First zone 83.63-84.56 is a strong institutionnal demand level and second level is 83 which is the swing low support level ! Keep an eye over the next few days. Source : Bloomberg
Bitcoin remains in trading range
Bitcoin (XBTUSD) is in a trading range 59'317-73'797 since January 2024. With halving taking place in a few days, keep an eye for a breakout !!! Source : Bloomberg
